Energy – Daily News Egypt https://dailynewssegypt.com Egypt’s Only Daily Independent Newspaper In English Tue, 11 Dec 2018 12:00:11 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.1 Egyptian-Italian relations recovering https://dailynewssegypt.com/2018/12/11/egyptian-italian-relations-recovering/ https://dailynewssegypt.com/2018/12/11/egyptian-italian-relations-recovering/#respond Tue, 11 Dec 2018 12:00:11 +0000 https://www.dailynewsegypt.com/?p=683518 Companies, investors from Cairo, Rome seeking partnerships, cooperation in sectors of energy, water, transportation

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The events of the Egyptian-Italian Business Forum on Water, Energy, Waste, and Mobility have ended. The forum was organised by the Italian embassy in Cairo, in cooperation with Ecomondo, a group of Italian exhibitors, and the Italian Chamber of Commerce in Egypt.

About 200 Egyptian and Italian companies participated, and over 40 bilateral meetings were held during the forum. Forty-one offers were made, and discussions were held in the fields of water, energy, and waste. 

Daily News Egypt has seen several bilateral meetings which involved EMIT Group, Frienergy, Italgen, Airmec, Maccaferri, Entsorga, FiberPlast, Rowad, Reliance, among others.

Giampaolo Cantini, the Italian ambassador in Egypt, said that paying attention to the topics of water, waste, and transport, as well as offering innovative solutions and expertise emphasises the strength of the relations between Egypt and Italy in all economic fields.

He explained that 61 individuals arrived to Cairo in order to participate in the forum, and communicated with several businesspersons and Egyptian companies. Several bilateral meetings were also held, and Egypt can greatly benefit from the expertise, technology, and solutions of Italian companies.

Furthermore, he said that Egypt is implementing several major national projects, and aims to achieve sustainable development. Italian companies can cooperate with Egyptian institutions to meet the required needs, as well as to exchange expertise.

Alessandra Astolfi, group brand manager at Ecomondo, said that Egypt has several investment opportunities, and can be Ecomondo’s partner next year, as coordination is taking place with Egyptian companies in the field of energy and water.

She explained that Ecomondo, the leading Italian expo, creates a base of businesspersons and is moving towards sustainability and development. It seeks to establish a new path for the future, as it manages 50 exhibitions and conferences in the fields of food and beverage, jewellery, fashion, tourism, hosting and sustainable development, as well as technology.

Professor Fabio Fava, the technical scientific committee coordinator at Ecomondo, said that there is a daily problem of waste and an increase in CO2 emissions, near each house. Different thinking is needed to reduce waste, and reach the required environmental level.

He explained that 7.5 billion individuals of the population use food and energy from the available raw materials, stressing that Egypt and Italy—at the Mediterranean level—are working on specific aspects in that regard, and partnership in those fields is highly needed.

He added, “In the past three years, the EU and Italy have funded projects worth €40m to protect the Mediterranean from pollution.”

Marco Frigido, general manager at Frienergy, said that he signed a contract with an Egyptian company to study the Egyptian market, and work on increasing the local products. It is necessary, according to Frigido, to note that the cost of establishing solar energy projects in Egypt and the Middle East, is not aligned with the revenue generated from them. Solar energy in the world costs €50-€60 per hour, while in the Middle East it is about €8 per hour.

He pointed out that the company in planning on investing in the field of energy from waste generation by next year, in cooperation with a foreign company. It is waiting for the law which would regulate energy from waste generation, to produce energy and determine the tariff of selling each kW produced from the projects.

Moreover, he stated that the obstacles facing the projects include the high cost of funding the local currency. The Egyptian state added many contractual systems for establishing projects to generate electricity from solar energy, including the feed-in tariff, the independent product, and net measurements.

Ghada Darwish, the director of Energia, said that companies implement solar energy plants in Egypt within the feed-in tariff by 115MW, and investments worth of $177m, in cooperation with the Egyptian Gila company, and the Iraqi group Al Bilal. It plans to expand its investments in the field of renewable energy, in the Egyptian market next year.

She explained that the company’s sales volume in the sectors of renewable energy, real estate development, and food industries is €1bn annually. The company has a long-term plan to invest in the Middle East and Africa, and to implement new projects to generate electricity from renewable sources.

Darwish revealed the intention of Sebigas, a company affiliated to Energia and specialised in waste management, to invest in the field of energy, however, the prices announced by the government to purchase the produced energy are low, compared to the investments required to be allocated for implementation.

David Colombo, project manager at EMIT Group, said that his company implements projects for pollution control, as well as water and sewage treatment. The company is currently handling projects in Egypt, including a drinking water station, costing €10m. The station will be completed by next year.

He said that the company implemented its largest project in Syria, including a water station with a capacity of 12,000 cubic metres, in addition to a water treatment station in China, as well as India. The company has many other projects currently being negotiated in Ukraine, Turkey, and Egypt.

Edward Shawky, CEO of Baramos Trading, said that his company is working as a consultant in the maintenance of drinking water, sewage lines, and waterways in all the country’s governorates. It is cooperating with local bodies and the ministries of irrigation and agriculture to supply equipment. The value of equipment supplied is EGP 40m.

He pointed out that he is looking into cooperating with Italian companies to obtain modern technology that reduces the cost of maintenance, and to establish a sustainable system.

“We are working with Dutch companies, and we have assembled the equipment used in sewage. The percentage of local components is 60%. The company is cooperating with military factories to manufacture the needed equipment for sewage,” he further noted.

Michele Magioncalda, from Fisia Italimpianti, said that the volume of business implemented by the company in the field of water networks and sewage treatment is €6bn. The company has recently started specialising in establishing large companies for water desalination by using modern technology. In Oman, the company has managed to implement a network with a capacity of 150,000 cubic metres per day.

He said that another network was established in Turkey, and there are currently negotiations to establish another network. The company’s attention over the upcoming period will be dedicated towards utilising renewable sources.

Michael Hanna, waste management manager at Reliance Egypt, said that his company is working to collect wastes of all kinds, in two stations in Ismailia and Port Said. The wastes are then categorised in order to produce plastic, carton, metals, organic fertilisers, and alternative fuels. The amount the company obtains every day is 900 tonnes.

Hanna explained that the company gets waste from the areas of 10th of Ramadan City, Belbeis, and other areas in the Delta. The company’s investments in Egypt are worth EGP 100m, and there are plans to increase this amount.

He noted that the company sells its products to all cement factories, including Titan, Suez, and Amerya. It exports quartz to several countries, including Spain and Brazil.

He said that some of the most prominent challenges facing the company, when it comes to investing in the recycling waste sector, are the low quantities provided by the governorates, and not adhering to the amounts agreed upon, as well as the factories refraining from using a large percentage of their consumption through alternative fuel. Additionally, it is important to pass a law for waste to open the field for companies to invest in Egypt.

“We are looking into investing in the field of waste-to-energy production, but the tariff is still low and useless. After the law and tariff are passed, the company will inject investments in the field,” he finally added.

Galal Osman, the energy expert, said that the forum is a great chance to discuss cooperation with Italian companies, as well as to hold new partnerships in the field of new and renewable energy, explaining that Egypt has solar energy sufficient for lighting the entire world. He declared that new and renewable energy will soon become the main source of energy in many countries, in order to reduce the pollution the environment is facing.

Experts stressed that this kind of energy preserves the environment, and is in line with the international policies followed by all states. “Each kW of renewable energy contributes to providing an amount of fuel equivalent to 215-220 gm of fossil fuels used in power plants,” he finally noted.

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Egypt settled 99% of international arbitrations: El-Molla https://dailynewssegypt.com/2018/12/10/egypt-settled-99-of-international-arbitrations-el-molla/ https://dailynewssegypt.com/2018/12/10/egypt-settled-99-of-international-arbitrations-el-molla/#respond Mon, 10 Dec 2018 16:30:16 +0000 https://www.dailynewsegypt.com/?p=683438 Programme launched to improve efficiency of oil, gas sector

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The Ministry of Petroleum and Mineral Resources, headed by Tarek El-Molla, succeeded in settling 99% of the international arbitration cases filed against Egypt during the past years.

El-Molla said that over the past two years, the oil sector has worked with a new strategy which aligns with Egypt 2030 vision, covered by the achievement of the sustainable development of Egypt’s natural wealth.

He pointed out during the second Al-Ahram Conference on Energy that Egypt embarked on an ambitious programme to develop and modernise the petroleum sector and raise its efficiency, in cooperation with major international expert offices.

The minister added that the country has stepped up its efforts to implement a number of important structural reforms to attract more domestic and foreign investments, while upgrading the legislative structure, eliminating obstacles for investors, granting incentives to the private sector as well as opening new potential for the first time to the private sector.

El-Molla highlighted the most recent legislative developments, such as the law of liberalisation of the gas market as a first step of the transformation of Egypt towards becoming a regional centre for trading oil and gas.

Furthermore, he stressed that Egypt’s achievements have been praised by all international financial and economic institutions, starting from the International Monetary Fund, the World Bank, all credit rating institutions and international investment banks, which have adjusted their reports with practical steps and reforms.

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Strict conditions on suppliers working within project to reduce risks: Milchenko https://dailynewssegypt.com/2018/12/06/strict-conditions-on-suppliers-working-within-project-to-reduce-risks-milchenko/ https://dailynewssegypt.com/2018/12/06/strict-conditions-on-suppliers-working-within-project-to-reduce-risks-milchenko/#respond Thu, 06 Dec 2018 14:30:56 +0000 https://www.dailynewsegypt.com/?p=683091 Measures ensure contracts effected within reasonable timeframe, avoid mistakes which may hinder work

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Ruslan Milchenko, head of Methodology and Tenders Administration at Russian Rosatom, said that one of the requirements for suppliers working within the Dabaa project, is to have permits to purchase the equipment of nuclear security in order to demonstrate the supplier’s commitment.

She added that suppliers are entitled to a technical inspection, and obtaining an approval by the regulatory bodies, noting that these measures aim to reduce the risks suppliers may face.

Furthermore, Milchenko pointed out that there are several conditions to ensure contracts are implemented within a reasonable timeframe, while avoiding several mistakes which may hinder work. These mistakes could include not submitting the papers of the government registration, and not giving attention to filling in the submitted forms with precision.

In her recommendations to suppliers, she explained that a model of the contract will be presented, and any questions that arise may be asked to the organiser of the tender, and responses will be given within a couple of days.

There is also a special academy to inform suppliers, in addition to an online course to allow suppliers to become professionals in the field of nuclear energy.

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“Rosatom” explains to Egyptian companies rules and requirements of supplies of “Dabaa” nuclear plant https://dailynewssegypt.com/2018/12/06/rosatom-explains-to-egyptian-companies-rules-and-requirements-of-supplies-of-dabaa-nuclear-plant/ https://dailynewssegypt.com/2018/12/06/rosatom-explains-to-egyptian-companies-rules-and-requirements-of-supplies-of-dabaa-nuclear-plant/#respond Thu, 06 Dec 2018 14:00:31 +0000 https://www.dailynewsegypt.com/?p=683088 200 local institutions participated in Nuclear Industries Suppliers Forum, most prominently Orascom, Hassan Allam, Arab Contractors

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The events of the Forum of Nuclear Industries Suppliers Forum was organised by Russian Rosatom State Atomiс Energy Corporation, in cooperation with the Nuclear Power Plants Authority (NPPA) where special sessions were held for discussing the available opportunities for the suppliers of the different kinds of equipment, services, and general construction work. Additionally, individual work meetings for commercial work services were held by Egyptian companies, and representatives from Russian nuclear industry companies to participate in implementing the El Dabaa nuclear energy plant project.

The forum’s first day witnessed offers made to representatives of Rosatom and its companies, such as the coalition of the Rosenergoatom and Atomenergomash department for equipment production as well as others in order to implement a nuclear energy plant project using Russian technology in Finland. This is in addition to the Rosatom Service company which specialises in maintaining and updating plants, as well as qualifying cadres.

The forum included representatives from about 200 companies, including Hassan Allam, Arab Contractors, Orascom, and Petrojet, as well as a large number of Egyptian company chairpersons working in the field of supplies for electrical missions.

Participants in the forum were introduced to Rosatom’s purchase system, as well as the main rules and requirements of the purchase documents. They received information about the current requirements within the framework of the purchase measures in some supply and services’ fields.

Representatives from the engineering department presented information on the current situation of the Dabaa plant, as well as plans and timetables for the purchases of the project.

The First Deputy Director General for Corporate Development and International Business at Rosatom, Kirill Komarov, said that Dabaa is not just a new page in the history of Russian-Egyptian relations, rather, it is important that the plant provides Egypt with stable, attractive, and eco-friendly energy, and it holds a strong social, and economic incentive for developing the country, and improving citizens’ living standards.

He added that the nuclear energy plant in Dabaa is the largest infrastructure facility contributing towards developing the industry and generating jobs, as well as bringing together several Egyptian companies.

Furthermore, Komarov expected the participation rate of Egyptian companies in the first nuclear reactor in Dabaa to reach 20% and gradually increase to 30%.

A panel discussion was held on the second day on the general acceptance of nuclear energy. Some of those who participated in the discussion were Abdel Hamid El Desouky , the deputy chairperson of the NPPA, and Alexander Voronkov, the director of Rosatom Middle East and Africa.

Voronkov said that general acceptance is one of the main factors to develop nuclear technologies in any country. Rosatom gives great attention to cooperation with the public, and its partners, in countries where there are nuclear establishments.

“In Egypt, we are still in the early stages of implementing the Dabaa project. It is necessary to have a direct dialogue with the community, mass media, and experts, in order to disseminate only the accurate and most complete information on nuclear technologies,” he added.

Amgad el-Wakeel, the NPPA chairperson, said that the project to establish the first nuclear energy plant for electricity generation in Dabaa with a capacity of 4800MW, in cooperation with Russia, is considered the largest project in Egypt’s modern history.

El-Wakeel added that the forum aims to introduce Egyptian companies to the most important requirements for the Dabaa project, with the aim of maximising the chance of Egyptian companies’ participation in the activities of implementing the project, in order to achieve the strategy of technology localisation in Egypt, and to improve the quality of Egyptian industries.

Moreover, el-Wakeel pointed out that an agreement was reached with the Russian side to set the rate of local participation in the first and second nuclear reactors 20-25%, gradually increasing it to 30% for the third and fourth units.

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Rosatom prepares to launch two tenders for construction work in Dabaa nuclear plant https://dailynewssegypt.com/2018/12/06/rosatom-prepares-to-launch-two-tenders-for-construction-work-in-dabaa-nuclear-plant/ https://dailynewssegypt.com/2018/12/06/rosatom-prepares-to-launch-two-tenders-for-construction-work-in-dabaa-nuclear-plant/#respond Thu, 06 Dec 2018 13:30:37 +0000 https://www.dailynewsegypt.com/?p=683086 First nuclear reactor to operate by February 2026: Kovatnov

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Russia’s Rosatom is preparing to launch two tenders to implement the construction work of the Dabaa nuclear plant, according to Anatolos Kovatnov, the head of engineering work in the Dabaa nuclear project.

He added that the company expects a transition period which includes the provision of permits. The company has submitted all the documents required, and hopes to obtain the permits to establish the first unit of the Dabaa nuclear plant by 2020.

Furthermore, Kovatnov explained that Rosatom has signed contracts to implement nuclear plants with several countries for over $100bn. The most prominent projects currently under implementation are located in Egypt, Hungary, and Bangladesh.

Moreover, Kovatnov added that the construction work in the first nuclear reactor of a capacity of 1200MW will start in July 2020, and operation will start in 2026. As for the second reactor, its construction will start in January 2021, and operation will start in August 2026.

He further stated that the construction work of the third reactor of a capacity of 1200MW will start in January 2022, and operation will start in August 2027. In addition, the construction of the fourth reactor of a capacity of 1200MW will start in July 2022, and operation will start in February 2028.

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EAEA receives Dabaa nuclear plant’s documents to review them in January https://dailynewssegypt.com/2018/12/06/eaea-receives-dabaa-nuclear-plants-documents-to-review-them-in-january/ https://dailynewssegypt.com/2018/12/06/eaea-receives-dabaa-nuclear-plants-documents-to-review-them-in-january/#respond Thu, 06 Dec 2018 13:00:49 +0000 https://www.dailynewsegypt.com/?p=683083 Nuclear energy plant being implemented has highest degree of nuclear safety

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Abdel Hamid al-Desouky, the deputy chairperson of the Nuclear Power Plants Authority (NPPA) said that preparing all the documents required for the Dabaa nuclear plant for electricity generation with a 4800MW capacity, in addition to sending them to the Egyptian Atomic Energy Authority (EAEA), will be finalised in January 2019.

He added that all the documents will be reviewed within 18 months. Construction work will not begin until all the necessary permits are obtained.

Furthermore, al-Desoukysaid that the nuclear energy plant will result in a major leap in the field of energy production in Egypt, and will ensure the existence of an energy mix that the ministry of electricity is looking to achieve over the upcoming period.

Moreover, he explained that Egypt has managed to obtain the best technology for a reasonable value and that the nuclear energy plant being implemented has the highest degree of nuclear safety.

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2,000 Egyptians trained to operate, maintain Dabaa nuclear plant https://dailynewssegypt.com/2018/12/06/2000-egyptians-trained-to-operate-maintain-dabaa-nuclear-plant/ https://dailynewssegypt.com/2018/12/06/2000-egyptians-trained-to-operate-maintain-dabaa-nuclear-plant/#respond Thu, 06 Dec 2018 12:30:09 +0000 https://www.dailynewsegypt.com/?p=683081 Rosatom’s contracting aim to transfer expertise, prepare working individuals to benefit their community

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Rosatom will train 2,000 Egyptians to operate and maintain the nuclear energy plant in Dabaa according the meeting agreement signed with Egypt, specified Yulia Sheinkovichka, head of Business Development at Rosatom Services. The aim of the training is to transfer experience to Egyptians, as was the case in many other projects in other countries.

She added that Rosatom has provided scholarships in the field of physics and nuclear sciences to 43 Egyptian students. They will be qualified to work in a nuclear energy plant following their graduation.

Sheinkovichka explained that Rosatom’s tasks on contracting to establish a project do not aim to only implement but also transfer expertise and prepare working individuals who are able to benefit their community.

“Vietnam’s nuclear programme was postponed, however, we still managed to train and teach about 300 students nuclear sciences.”

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Eni begins drilling 10th well in Zohr area in January  https://dailynewssegypt.com/2018/12/02/eni-begins-drilling-10th-well-in-zohr-area-in-january/ https://dailynewssegypt.com/2018/12/02/eni-begins-drilling-10th-well-in-zohr-area-in-january/#respond Sun, 02 Dec 2018 18:06:36 +0000 https://www.dailynewsegypt.com/?p=682712 Estimated cost of drilling operation will be $300m: source

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Italian Eni aims to start drilling the 10th well in the Zohr deep-water gas field in the Mediterranean Sea by next January. The estimated cost of the drilling operation will be $300m.

A source in the oil sector told Daily News Egypt that the drilling of Zohr’s new well will take two months, and will produce up to 200m cubic feet of gas per day(cfd).

He explained that the production of both the 9th and 10th wells will be linked to the sixth natural gas processing unit in Zohr, which will be completed in the first quarter (Q1) of 2019, with a capacity of 400m cfd.

The production of the 9th well gradually increased to about 250m cfd, bringing the field’s total production to 2.25bn cfd.

The development of the Zohr field’s second phase will be completed by next July, which will increase the total production to about 2.95bn cfd, instead of the estimated 2.7bn in the development plan.

The source pointed out that the company aims to invest about $4bn in the development of the second phase, bringing the total investment to $16bn. 

The ministry of petroleum has succeeded, in cooperation with the Italian partner, in decreasing the specified time for implementing the project.

The Zohr production is connected to the new land station in Al-Jameel area in Port Said for processing before pumping it in the national gas grid.

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Competing firms for Suez Gulf wind energy plant tender request bid submission deferral to January https://dailynewssegypt.com/2018/12/02/competing-firms-for-suez-gulf-wind-energy-plant-tender-request-bid-submission-deferral-to-january/ https://dailynewssegypt.com/2018/12/02/competing-firms-for-suez-gulf-wind-energy-plant-tender-request-bid-submission-deferral-to-january/#respond Sun, 02 Dec 2018 15:31:25 +0000 https://www.dailynewsegypt.com/?p=682675 KfW’s funding period of project ends in December: sources

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Three companies, qualifying for the tender of the wind energy plant in the Suez Gulf, have requested the postponement of the date for their bids to be submitted in January 2019, instead of this December. The date was originally determined by the New and Renewable Energy Authority (NREA).

Officials in the companies qualified for the tender informed Daily News Egypt, that several questions were sent to the NREA. However, there has been no response despite the visits made to the project’s locations over two weeks ago.

The three companies are Vestas, Siemens, and Senvion. The KfW bank is arranging a loan to fund the project.

Officials added that the most prominent inquiries include clarifications on the power transformers that will transfer the energy produced from the project to the national electricity grid, however, the companies have not received any answers yet.

The same officials have expressed their surprise at the insistence of the NREA to schedule 9 December as the last day for accepting submitted bids. When an extension of the period was requested, the NREA said that a two-week extension is possible, however, the new date may coincide with Christmas celebrations, which is a very difficult time.

The officials explained that mid-January or the last week of January will be an ideal time to submit offers to establish the wind energy plant in the Suez Gulf.

According to informed sources’ statement to DNE, the loan offered by the parties providing the funding, most prominently the KfW, is estimated to be €260m. The period for the funding provision will finish by the end of this year, which means that companies must submit their offers on time, without any delays.

The period specified for the no-objection procedures, and the bid by KfW is 16 months. They have requested from companies to offer their bids for the project within a month and a half.

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Egypt, Saudi Arabia to finalise electricity interconnection project procedures in March https://dailynewssegypt.com/2018/11/27/egypt-saudi-arabia-to-finalise-electricity-interconnection-project-procedures-in-march/ https://dailynewssegypt.com/2018/11/27/egypt-saudi-arabia-to-finalise-electricity-interconnection-project-procedures-in-march/#respond Tue, 27 Nov 2018 18:47:57 +0000 https://www.dailynewsegypt.com/?p=682256 Cost up to $2.5bn after changing routes for Neom, Riyadh will bear the additional costs: source

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Egypt and Saudi Arabia agreed to complete the procedures to implement the electricity interconnection project between the two countries by March 2019 to exchange 3,000 MW.

High-level government sources told Daily News Egypt that all procedures for the project involving Egypt, including transformer substations and interconnection lines, have been completed. Financing is available through Arab funds and banks. The first tranche of the loan will be disbursed by the Saudi side after awarding the tenders, which have been delayed due to changing the routes of the lines in Saudi territories for the implementation of the Neom project.

The total cost of the project was $1.6bn, but after adjusting the routes and the increase in equipment prices, the cost increased to $2.5bn.

The sources said that the additional costs in terms of lines, cables, and transformer substations in Saudi territories will be borne by the Saudi side. The same applies to Egypt, both in terms of signed contracts or current negotiations. Egypt will receive funding from the Kuwait Fund for Arab Economic Development; the Arab Fund for Economic and Social Development; the Islamic Development Bank, and the self-resources of the Egyptian Electricity Transmission Company (EETC).

The sources said that the drilling and preparations works have variable costs according to the differing locations. The Saudi change in routes will lead to amending the tenders for establishing the substations and lines, to which three international companies have applied.

The previous tender included technical specifications and lines differing from the current ones, which required modification or cancellation of the tender and presenting other lines to the qualified companies to include the new specification and offer new prices.

The project connects the two energy networks in Egypt and Saudi Arabia to a 500kV transformer from the Badr transformer station in Egypt to a transfer station east of Medina, passing through the Tabuk station in Saudi Arabia with a length of 1,300 km, including 820 km in Saudi Arabia and 480 km in Egyptian lands.

Egypt started negotiations with Saudi Arabia in 2010 to establish an energy exchange project between the two countries. However, due to political events, the project was postponed more than once. Negotiations resumed once again with the support of the political leadership of the two countries.

Saudi Arabia announced in October last year the plan to establish the Neom project, which stretches between the three countries: Saudi Arabia, Egypt and Jordan, with an investment of about $500bn. The project is located on the north west of the kingdom covering 26,500 sqkm. The project will focus on nine investment sectors and the first phase will end in 2025.

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Arrears owed to petroleum ministry to be paid within 5 years: electricity minister https://dailynewssegypt.com/2018/11/24/arrears-owed-to-petroleum-ministry-to-be-paid-within-5-years-electricity-minister/ https://dailynewssegypt.com/2018/11/24/arrears-owed-to-petroleum-ministry-to-be-paid-within-5-years-electricity-minister/#respond Sat, 24 Nov 2018 18:15:22 +0000 https://www.dailynewsegypt.com/?p=681880 Finance Ministry will not subsidise electricity prices after FY 2021/22, will financially support limited-income groups 

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The electricity sector will pay its outstanding dues to the ministry of petroleum within five years, after achieving balance and lifting subsidies from electricity prices totally in the fiscal year (FY) 2021/22, the Minister of Electricity and Renewable Energy Mohamed Shaker told Daily News Egypt on Saturday.

“We will not subsidise electricity prices after FY 2021/22. However, the ministry of finance will financially support a very limited category of consumers, including those of limited-income and the most vulnerable. The electricity ministry will not interfere in the form or value of the support, and will charge everyone for the real price of electricity,” he explained.

The arrears owed to the petroleum ministry by the ministry of electricity and its subsidiaries amounted to EGP 127bn. These debts are the cost of fuel supply to the ministry’s power plants. The ministry of finance will pay a part of this debt, which is the value of subsidy on fuel supplied to power plants. 

Shaker added that the ministry-affiliated electricity companies will be able to repay the instalments of loans, plus interest, which it obtained to implement projects in the fields of power transmission, production, and distribution after lifting subsidies on energy prices and turned to profits. 

“We will not be able to offer electricity companies on the Egyptian Exchange while proving subsidies. Shareholders would want to make profits. This is our goal in the coming period,” said Shaker.

He explained that subsidised electricity prices were supposed to change by the end of this year. However, due to the many changes that have occurred, the subsidy was extended for three more years. He pointed out that household subsidies amount to EGP 46bn, while the allocations in the budget for this item is only EGP 16bn. “If you were to ask me what we do, I would say God only knows,” he stressed. 

He pointed out that the liberalisation of the exchange rate caused a large increase in subsidy allocations, which prompted the government to extend the subsidy system for three more years. 

Shaker stressed that his ministry was able to fulfil all its obligations to Egyptian and foreign investors, saying “No invoice was provided without disbursing its value. This is a directive from President Al-Sisi.”

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Benban solar energy projects see light of day https://dailynewssegypt.com/2018/11/22/benban-solar-energy-projects-see-light-of-day/ https://dailynewssegypt.com/2018/11/22/benban-solar-energy-projects-see-light-of-day/#respond Thu, 22 Nov 2018 14:00:50 +0000 https://www.dailynewsegypt.com/?p=681771 Plants finally shine in Aswan following years of preparations

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Life in Aswan has changed since the start of construction of solar energy feed-in tariff projects in Benban, which has become a Mecca for investors, giving youth new hope to join the labour force and bringing about real development after years of neglect.

The solar energy projects being implemented in Benban have made this place, which has suffered from neglect for many years, a beehive. The occupancy rate in the area’s hotels, as well as the number of flights to Aswan have increased.

The current picture differed completely from the last visit by Daily News Egypt to the project’s site in July. Solar energy companies achieved great developments in all fields. Almost every house in Aswan has someone working in the Benban projects’ different sectors.

Along the way to the site, we saw advertising signs of the companies operating there. Entering through the project’s south gate, two security personnel hired by Hassan Allam Services were organising the entry and exit of cars to the site.

Security forces were deployed to secure the stations and employees, in addition to the private security that imposes stringent safety and security rules on vehicles transporting workers and workers themselves.

DNE toured the site accompanied by Hossam Allam, head of Hassan Allam Services. He said the company was able to complete all the tasks it was assigned with four weeks remaining to complete the final stage of building a wall surrounding the projects.

Allam said that organising the traffic within the site was going well, and consultations are being held with the investors and Aswan governorate to widen the main road leading to the project to avoid accidents.

He pointed out that security and safety standards are the most important concerns within any project. Guidelines were handed to all companies, contractors, and workers giving simple clear explanations to security rules in the site.

Nader Sedky, director of occupational safety at Hassan Allam Services, said that the controls set for Benban employees include their rights and duties during their presence in the project. The employees shall receive their salaries regularly, and have the right to refuse executing any task that poses any danger to their lives. They will also be provided with meals and drinking water during their shift work. A full-equipped ambulance will always be deployed on the site. The employees are expected to comply with the project’s occupational safety instructions and wear protective gear.

“It is not allowed to appoint youth below 18-years-old. There shall be no differentiation between employees based on religion, sex, or educational levels. Vehicles must also drive under 30 km/h in the site,” Sedky added.

Throughout the tour, Sedky stopped several times to ensure the prevention of any violations.

The total number of companies in Benban, including Hassan Allam Services, is 114, including 52 companies owned by Benban residents. The total number of registered workers amounted to 6,500.

Mohamed Salah, social responsibility officer at the company tasked with service management in the site, said that they held awareness sessions and discussions with residents of Benban and surrounding areas to explain the projects’ details and available employment opportunities.

Those sessions and meetings contributed to raising the awareness of Benban residents, especially that there was a state of anger and resentment among the people against the project because they thought that the project will not benefit them, and that the employees and services will be provided by companies and contractors from outside Benban, Salah added.

He noted that many of Aswan’s residents effectively contribute to solar energy projects, the latest of which was an agreement with a group of women in Benban to tailor the reflective clothing for the project’s workers, while the companies will provide the fabrics. The women will still be able to sell them to companies.

Walid El-Sayed, services management director at Hassan Allam Services, said that his company is responsible for managing the services within the project’s site, which includes traffic, waste, road maintenance, occupational safety, and securing the projects. The company’s contract will last until January 2020.

He pointed out that supervision is an essential part of the company’s work in the site, where they have to follow-up the supply of drinking water and examine it regularly to ensure it is safe for consumption. He added that strict rules are imposed on the route taken by waste water vehicles to ensure delivery to the designated area.

Hassan Allam is also responsible for the establishment of a 26 km wall around the site.

El-Sayed added that labour is one of the challenges facing the company. Based on studies, the company needs 12,000 employees, while only 6,500 employees and engineers are currently working in the site, including 4,000 from Benban and the surrounding areas.

Another challenge is the conformity of transport cars and buses with security and safety standards by installing seat belts and using new tires. This procedure was adopted upon the request of the International Finance Corporation (IFC) after its meeting with contractors last month.

We took a tour around the waste zone and were told that all waste is disposed of safely and is sometimes recycled, while hazardous waste is disposed safely and responsibly.

The area allocated for the waste includes five sites: one allocated for carton and wood; another for lubricants and oil; a third for hazardous waste; a fourth for organic waste, and a final terminal for concrete. The collected waste until now reached 400 tonnes.

El-Sayed pointed out that the company has a waste recycling plant. Organic waste is converted to fertilisers. Hazardous waste is buried in a special area in Aswan in coordination with the Egyptian Environmental Affairs Agency (EEAA), while medical waste is transported safely by a specialised company.

During his talk, I was surprised by one of the concrete mixer vehicles which was being washed. He said that previously those vehicles used to get rid of their waste randomly but they were instructed to clean the mixers on site.

IFC keen to support renewable energy projects in private sector: environment director

IFC finances 13 solar energy projects with investments of $653m

Daily News Egypt spotted the Director of Environment, Social, and Governance at the International Finance Corporation (IFC), Mary Porter Peschka, on site. She confirmed that the IFC is keen to support the private sector in the field of renewable energy in Egypt.

She said that they provide technical support of the implementation of public-private partnership and create jobs for youth in the sector, as Egypt was selected by the IFC as a model for its investments in the Middle East and Africa.

Peschka praised the work system of the site, and the commitment of companies to occupational safety and preserving workers’ rights. She was following-up the commitment of companies to these standards.

She said the IFC was financing 13 solar energy companies in Benban that produce 590 MW with investments of $653m, noting that they are ready to finance more similar projects after the success of the feed-in tariff projects. “We are excited to work in the Egyptian market,” she stressed.

The first week of this month witnessed the ban of a number of vehicles and employees from entering the site for violating the safety standards.

This was quickly resolved after installing seat belts in the vehicles that transfer employees and preventing 18-year-old youths from working on the site.

28 companies execute construction of plants, projects to kick off next year

Infinity, ACWA Power in advanced stages, FAS still behind

Benban witnessed dense presence by companies, investors, and contractors working on the implementation of the solar power stations. Daily News Egypt witnessed the preparations and installation procedures for 28 of the 32 pieces designated for the establishment of the power plants to output energy of 1,432 MW.

Infinity Solar, ACWA Power, Alfanar, and Acciona have all completed most of constructions and will soon complete the stations. The first company has installed solar cells and is now preparing to link its plant’s production to the grid. The second and third companies are in advanced stages of installation of the cells, while the fourth company has completed digging and started installation procedures.

The Saudi FAS Energy is behind schedule in its works. The company is tasked with the public constructions of Sterling and Wilson Pvt. Ltd. of India. A source in the company said that the project is expected to be completed and linked to grid within two months.

The Egyptian Electric Utility and Consumer Protection Regulatory Agency (Egypt ERA) has fined FAS Energy for its delay in constructing a 50 MW plant in Benban, Aswan.

The decision includes fines of $35,000 per day beginning from August until the project’s completion.

According to the energy purchase agreement signed by the company in the first phase of the feed-in tariff projects, companies are subject to a fine of $700 per 1 MW daily if they fall behind schedule until the completion of the plant.

FAS Energy is one of two companies that signed the energy purchase agreement in the first phase of the feed-in tariff project to sell energy at 14.3 cents per 1 kW. The first company has not been able to complete the project on time, while the second company completed the project on time.

Infinity Solar’s Human Resources Director, Hisham El-Gamal, said that the company would complete the construction work of the 130 MW power plants within two months at most, and will begin linking the production to the grid and initiate operational tests in the first quarter of next year.

He pointed out that the implementation of stations is carried out in cooperation with the German IB Vogt company, which assigned the installation works to Conicon.

He explained that all officials, financing bodies, and service management companies are cooperating to remove any obstacles faced by Arab and international companies in the project site, to ensure quick response to investors’ requests in order to provide checkpoints and mobile security so as to secure the project site.

It was not different for Saudi’s ACWA Power. Hisham Saleh, marketing director of China’s Chint Company, the contractor for the company, said that they will finish the constructions of a 50 MW power plant in February, then, after three months, finish another 50 MW plant. “All projects will be working in full capacity in the first half of next year,” he added.

He explained that Chint is interested in the solar energy projects in Benban, and is ready to cooperate with the companies that have not begun constructions or preparations.

Mohamed El-Delaey, head of projects management in Desert Technologies, said that the company expects constructions and commercial operations for a 50 MW power plant to be completed and linked to grid in May 2019.

He stressed that the projects attracted Arab and international companies to invest in the renewable energy sector in Egypt, noting that a large number of investors are looking for opportunities for mergers or partnerships, or to buy shares in projects.

Medhat Ramadan, chairperson of the Egyptian German Electrical Manufacturing Company (EGMAC), said that they have completed the construction of switching substations in Benban to transfer the energy from solar power plants to the grid, where three plants have already been launched, while a fourth company will follow within days.

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Solar energy projects in Benban save youth from unemployment, poverty https://dailynewssegypt.com/2018/11/22/solar-energy-projects-in-benban-save-youth-from-unemployment-poverty/ https://dailynewssegypt.com/2018/11/22/solar-energy-projects-in-benban-save-youth-from-unemployment-poverty/#respond Thu, 22 Nov 2018 09:00:22 +0000 https://www.dailynewsegypt.com/?p=681794 We need development, services; sewage is Benban's biggest problem: residents

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Daily News Egypt toured Benban village, which is the nearest residential area to the solar energy projects on the west bank of the Nile, about 35 km from Aswan.

On the main road leading to the village, there are several electric towers for the transfer of the capacity produced from the solar plants to the national electricity grid. Many trucks are heading to the station’s site, and other cars transport the employees to the projects. The solar power plants have contributed to creating jobs fro the youth and a means for them to escape poverty and unemployment.

People in Benban know one another. They know all the details of the solar energy projects, especially after Hassan Allam Asset and Property Services held sessions and discussions with them.

On the southern entrance of the village, Benban’s secondary school offers special vocational training on the installation and maintenance of the solar cells. But poverty and neglect still shadows the village which is drowning in sewage. Residents have high hopes for the energy projects to turn the situation right-side up.

While walking in the village, we found that the health clinic there was closed at 11am. Residents said it has always been closed as no doctors worked there, and they urged the government to build a hospital to treat them from kidney failure and liver diseases.

“The energy projects saved the village from poverty and unemployment. We need development and better services,” said all the village residents, who, at the same time, refused financial aid from investors. Instead, they called for community participation in improving the village which has become home to multi-billion-dollar projects.

Mohamed Hassan Al-Omda, a village resident, said that the solar energy projects are very large and contributed to changing the village, as well as provided jobs for all youth in the fields of supply, constructions, transport, and labour.

He explained that the village people are ready to work in the projects either during the construction period or after completion of implementation, especially since the village conditions are very dire as it only relies on agriculture.

Magda Eid, a housewife, said that all the people are happy with the projects, but the wage granted to employees is very small. “My son works there for only EGP 100 per day. This needs to be increased.”

The most important challenge in the coming period is temporary employment. Eid stressed that after constructions are completed, many youths will be unemployed once again.

She called on investors and companies to provide jobs for women in solar projects to improve their income levels.

Hassan Allam Services has agreed with several women in the village of Benban, to weave protective clothes for project employees and is seeking increased women’s participation in the coming period through various services.

Eid noted that the village suffers from severe poverty and deterioration in health, education and sanitation services, and called on the participation of investors and companies involved in solar projects in the improvement of services and the development of the village.

Abdul Aziz Al-Azzayzi, a resident of Benban, said that the solar energy projects are a second high dam. “The vast majority of youth have been employed in the stations. There has been a great economic boom in the village and a large number of foreign engineers are living in the village now,” he added.

He stressed the need to complete the sewage project, which recently stopped. “How can Benban be the capital of solar energy, while its residents are drowning in sewage?” he asked.

He pointed out that the state began to take care of development in the province of Aswan, which appears during the talks of all ministers. “We hope the village sees real change,” he said.

Aswan plans solar cells plant in Benban

Aswan is planning to set up a solar cell plant within the service area to be inaugurated in the section facing the solar power project site in Benban.

Aswan Governor, Ahmed Ibrahim, told Daily News Egypt that they plan to set up an integrated services zone facing the site of the projects, which would include a vocational school to train the youth on renewable energy works and a training centre specialised on the technical aspects of solar energy production.

He explained that he commissioned the Manpower Directorate to prepare a comprehensive inventory of the current employment of the solar energy projects in Aswan, as they will not allow citizens to benefit illegally from the project.

Ibrahim said that he coordinating with the investment company managers to widen the roads leading to the project in order to organise traffic and avoid any accidents.

He highlighted the importance of completing the field study related to achieving community development in the solar energy projects, which aim to provide general ideas and services to the people of the neighbouring villages of this project, especially in the sectors of education, health and transportation.

Furthermore, he pointed out that he will sign a protocol with the Academy of Scientific Research to conduct a comprehensive study regarding the groundwater problem at the province level altogether.

Egypt attracted international companies to invest in solar energy: Minister of Electricity

Minister of Electricity and Renewable Energy, Mohamed Shaker, said that Egypt succeeded in attracting Arab and international companies to invest in renewable electricity generation projects and provided them with the legislative climate through the development of mechanisms and controls for investment.

He explained that the rates of completion of the stations are going well, and that he always communicates with the chairperson of the New and Renewable Energy Authority (NREA) and investors to remove any obstacles and complete the implementation of the stations without any problems.

Furthermore, Shaker pointed out that the projects of solar energy in Aswan resulted in tremendous development in the area of Benban and provided many jobs for young people in the field of installation, construction, operation and the maintenance of stations.

“Soon we will see operation tests for some projects,” he said.

The implementation of such projects requires the need for a strong legislative structure, which has been recently simmering evidently by discussing several laws related to energy, Shaker declared.

Head of the NREA, Mohamed El-Khayat, said that there are good and positive indicators for the solar energy projects in Aswan. The real success is the companies’ desire to invest and to obtain other projects despite the end of the feed-in tariff scheme.

Moreover, he stressed that Egypt is taking concrete steps as the International Finance Corporation (IFC) is leading a coalition of nine banks that invest in Egypt’s renewable energy sector for the very first time.

He added that the ministry of electricity did not only focus on the solar energy projects in Benban, but is in the negotiations on several wind farms and other solar power plants projects in the Gulf of Suez and Kom Ombo, as part of its plan to produce 20% of electricity from renewable energy by 2022.

Community advisory committees are tool for communication between project implementers and people

One of the community outreach tools of the projects is the Community Advisory Committees. It is a tool that provides a platform for continuous communication between the projects and the surrounding communities. These committees are composed of community representatives that meet regularly to discuss issues of common concern.

Members of these committees include tribal leaders, youth, contractors, religious clerics, parliamentarians and representatives of other community groups. Four committees have been formed in four geographical areas: Benban Bahri, Benban Qebly, Rakaba, and Mansouriya.

Father Mousa Rafla, priest of Archangel Michael Church and member of the advisory committee, said that solar energy projects brought about a qualitative leap that had an impact on all families. “All youth in the village are working in the solar plants projects. Any person seeking a job now can find one. The beam of the solar power plants is shining in Benban,” he added.

Rafla noted that unemployment was high prior to the projects, while most villages suffered from neglect. He added that they want more development to reach the village across the fields of healthcare, sanitation, and education.

Gabrallah Abdul Halim, a member of the committee, said that the solar energy projects have brought young people employment opportunities. “The tasks of the community advisory committee include holding continuous sessions with developers and tribes to see the demands of the people and their needs to complete the projects without problems,” he added.

Abdul Halim noted that the village needs to have a basic sanitation and sewage system, adding that they agreed with investors to provide medical supplies and ambulances.

Abdul Wadood enters business world, supplies meals to workers

Aamer Abdul Wadood, chairperson of Al Mansouriya Sons Company for Supplies, is a model of a young man whose life completely changed after the announcement of the solar energy projects in Benban, where he decided to change his career to set up a catering company.

“The solar energy projects encouraged me to set up a catering company and restaurant, after the recession I was suffering from. I agreed with the relatives of those who work in the field of tourism to work in the restaurant after they were sitting in their homes following the current deterioration of tourism sector,” he said.

He added that his company applied in tenders for the supply of food and meals, and won the right to cater to four companies and is currently providing 400 meals per day with plans to reach 1,000 meals through other tenders it is competing in.

He explained that the cost of establishing the company and the restaurant amounted to EGP 200,000. It is now employing 10 employees in both night and day shifts. The restaurant is only 70 sqm but all the companies encourage them to continue given the high quality of the food.

He noted that many workers in solar energy projects visit the restaurant in the evening after they finish work, and others with their families, which he did not expect.

Premium Tariff encouraged companies to invest in Egypt’s solar sector: Experts

According to a number of experts, the demand of foreign and Arab companies on solar energy projects was fuelled by the regulatory controls and attractive tariffs offered to investors by the Egyptian Electricity Transmission Company (EETC).

The former Head of Egyptian Electricity Regulatory Authority, Hafez Salmawy, said that the attractive tariff set by the EETC to purchase the power from the power plants at 8.4 cents was a key factor in the companies’ commitment to invest in solar energy in Egypt, and paved the inclination for investors to seek partnerships or buy shares to increase the size of their projects.

He pointed out that the private sector and foreign companies will expand during the coming period in the implementation of renewable energy projects with different contractual systems, whether the build-own-operate (BOO) or independent producer, in conjunction with the introduction of competitive bidding in the Gulf of Suez and the West Nile.

Mohamed Salah El-Sobky, former head of the New and Renewable Energy Authority (NREA), said that Egypt was very late in using solar energy applications and that the opportunity of international companies investing in Egypt should be exploited to create jobs and offer real development in the Benban area of ​​Aswan.

He pointed out that international companies flock to Egypt to participate in the projects put forward by the EETC and NREA in its plan to produce 20% of electricity from renewable sources by 2022.

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Siemens, Energy-iBB contenders to Egypt-Sudan electric interconnection https://dailynewssegypt.com/2018/11/21/siemens-energy-ibb-contenders-to-egypt-sudan-electric-interconnection/ https://dailynewssegypt.com/2018/11/21/siemens-energy-ibb-contenders-to-egypt-sudan-electric-interconnection/#respond Wed, 21 Nov 2018 19:24:43 +0000 https://www.dailynewsegypt.com/?p=681764 Performance, operating tests to start in January, launch current March 2019: sources

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Daily News Egypt has obtained the full details on the situation of the electric connection project with Sudan, as the ministry of electricity signed a contract with Siemens to install two cells for the project in the Tushka plant. The installation will be completed by January 2019.

High-level sources at the ministry said that officials from the ministry have taken representatives of Siemens and Energy-iBB to Sudan to examine the Sudanese electric grid, and the connection points, in order to implement the ineffective power compensator transformers, which is one of the basics in the connection project in order to maintain the stability of the network and the electrical efforts, in addition to preventing any declines in capacity.

The sources added that Siemens and Energy-iBB are the only companies that could implement the ineffective power compensator transformers. The aim of the two companies’ visit to the location of the project is to understand the requirements and specifications, in order to make a proper technical and financial effort. A contract will be signed with the cheapest financial offer 

The source noted that the supply of static var compensator requires six to eight months, and this does not contradict the pilot operation of the project.

Egypt and Sudan have agreed to set up a 300 MW electric interconnection project on two phases. The first phase begins from the Toshka 2 transformer substation to the 220 kV transformer substation in Arqen, Sudan. The second phase’s capacity will reach 500 kV.

The sources explained that L&T company delayed in the implementation of the project, and was reprimanded by the minister of electricity, who also commented on the way the company is operating in the project and warning that the project could be withdrawn.

The sources added that the performance testing and experimental operation of the project in the first stage with a capacity of 150 MW will start in the first week of January, and the actual operation and transmission will need two more months.

The electricity interconnection project with Sudan is part of Egypt’s plan to transform into a regional energy centre, and to exchange of electricity with Arab, African and European countries after achieving a surplus of 15,000 MW.

The Egyptian government is seeking to complete the electricity linkage project with Sudan as soon as possible, as Egypt is keen to support the African countries and the Nile Basin to meet their electricity needs.

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Egypt settles arbitration case worth $1.75bn with Israel https://dailynewssegypt.com/2018/11/21/egypt-settles-arbitration-case-worth-1-75bn-with-israel/ https://dailynewssegypt.com/2018/11/21/egypt-settles-arbitration-case-worth-1-75bn-with-israel/#respond Wed, 21 Nov 2018 19:00:10 +0000 https://www.dailynewsegypt.com/?p=681757 Agreement with Tel Aviv to schedule fine payments from operating revenues of gas line: source

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The government reached an agreement to settle the international arbitration case filed by the Israel Electric Company against Egypt. The Egyptian Petroleum Corporation (EGPC) and the Egyptian Gas Holding Company (EGAS) were fined $1.75bn due to the suspension of gas exports in 2012.

A government source told Daily News Egypt that the agreement included a reduction in the value of the fine, which was decided by the International Chamber of Commerce in Geneva in 2015, in addition to the scheduling of payment to begin with the operation of the gas pipeline between Egypt and Israel.

He explained that the agreement has been on soft scheduling of fine to be paid from the proceeds of the gas line and the national network, which will transport and export gas from the fields of both Delek and Noble companies through the Damietta liquefaction plant.

The source stressed that the agreement is the result of the strength of Egypt’s position and Israel’s need for it because the gas produced from the Mediterranean has no path for export, except through Egypt and its national pipelines.

He pointed out that gas will be moved from the fields to Egypt by the first quarter of next year.

The source added that Egypt did not retreat from the conditions announced since 2014, and that the settlement of international arbitration cases and the achievement of the best economic return to the state, are the condition of the export of Israeli gas through Egypt.

The International Chamber of Commerce in Geneva in 2015 issued a decree requiring the Egyptian Ministry of Petroleum through the EGAS and EGPC to pay compensation to the Eastern Mediterranean Gas Company worth $288m, along with another ruling fining Egypt $1.7m to the Israeli electricity company.

The source pointed out that the Egyptian liquefaction plants are a major hub in the Mediterranean region for the export of 1.88bn feet per day of gas to the European markets, in addition to a national network for the transportation of natural gas within Egypt with a capacity of 9bn feet per day.

Egypt achieved self-sufficiency of gas domestically and total production rose to about 6.8bn cubic feet per day, compared to the market needs estimated at 6.3bn feet of gas per day.

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Eni completes production tests for 9th Zohr field well https://dailynewssegypt.com/2018/11/20/eni-completes-production-tests-for-9th-zohr-field-well/ https://dailynewssegypt.com/2018/11/20/eni-completes-production-tests-for-9th-zohr-field-well/#respond Tue, 20 Nov 2018 19:26:14 +0000 https://www.dailynewsegypt.com/?p=681631 150m scfd initial production rates of well, according to sources

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Italian company Eni completed drilling of the ninth well in the Zohr deep-water natural gas field in the Mediterranean Sea at a cost of $300m, with initial production of 150m standard cubic feet of gas per day (scfd) according to production tests.

A source in the oil sector told Daily News Egypt, that the ninth well was closed after the company finished drilling because the current gas treatment plant lacks available processing capacity.

He explained that the ninth well will be connected to production by the end of this year, after the completion of the implementation of the sixth gas processing unit in the gas treatment plant with a capacity of 400m scfd.

Moreover, the source pointed out that the production of the ninth well will gradually increase to reach 250m scfd, bringing the total Zohr field production to 2.25bn scfd.

Furthermore, Zohr’s second development phase is to be completed in July 2019, bringing the field’s total production to about 2.95bn scfd, up from the of 2.7bn scfd previously estimated in the development plan.

He explained that Eni aims to invest about $4bn in the development of the second phase of the field next year, bringing the company’s total investment in the gas field to $16bn.

Moreover, the source confirmed that the ministry of petroleum is seeking to accelerate the completion of the next stages of the field development, after the instructions of President Abdel Fattah Al-Sisi to accelerate the linking of the entire production of the Zohr gas field to the natural gas grid.

He added that the ministry succeeded, in cooperation with the Italian foreign partner, in shortening the specified time plans, increasing Zohr’s gas production rates to 2bn scfd in November.

Zohr development was achieved in record time, as the exploration phase was completed within one and half years after the signing of the agreement. It took just 28 months from the discovery until the start of production in mid-December 2017, compared to a period of 6 to 8 years that is achieved globally in similar projects.

The production will be connected to the new gas treatment land station in the Gemayel area in Port Said, afterwards, it will be pumped into the national gas network. Following will be the completion of technical tests of the processing units and the gas transmission lines from the field wells to the treatment plant.

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EGEMAC prepares to implement 3 transformer stations for EGP 1.6bn in Zagazig, 10th of Ramadan city https://dailynewssegypt.com/2018/11/18/egemac-prepares-to-implement-3-transformer-stations-for-egp-1-6bn-in-zagazig-10th-of-ramadan-city/ https://dailynewssegypt.com/2018/11/18/egemac-prepares-to-implement-3-transformer-stations-for-egp-1-6bn-in-zagazig-10th-of-ramadan-city/#respond Sun, 18 Nov 2018 20:45:15 +0000 https://www.dailynewsegypt.com/?p=681402 Several companies competing on many tenders to provide electricity lines, tasks for generation plants across country

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Today the events of the first and second days of the 28th edition of Electric Exhibition were concluded. The exhibition includes nearly 200 Arab and international companies that seek to exhibit their products, including a company participating in the exhibition for the first time.

The has seen a noticeable presence of Chinese companies working in the field of manufacturing electrical equipment and new and renewable energy. Egyptian companies were absent despite their enthusiasm on being present over the past few years. The same was true for companies working in the field of renewable energy.

The press conference held by Osama Asran, the deputy minister of electricity, and Gaber El Desouky, the chairperson of the Egyptian Electricity Holding Company (EEHC), were the only attractive factor during the exhibition which saw limited attendance unlike each previous year.

The pavilion of EGEMAC saw strong demand by exhibition attendees and visitors, as well as the pavilions of China’s Chint and Sun Tech, as well as Egyptian El Sewedy.

Daily News Egypt went on a tour inside Electrix in order to understand the plans of the companies in the exhibition and the way they see the investment climate in Egypt as well as the projects under negotiation.

The chairperson of EGEMAC, Medhat Ramadan, said that his company is waiting to obtain an appointment order for the implementation of three transformer plants after his company won the tender. “El Eqtesdayea” transformer plant includes voltages of 220/66/500 kV, with a cost of EGP 500m. The 10th of Ramadan plant comes with 500 kV voltage and a cost of EGP 450m.

As for the Zagazig transformer plant, its voltage is 500/220/66 kV with a cost of EGP 650m. There are several tenders the companies compete on through the private sector, however, none of these tenders were resolved or finalised.

He explained that the exhibition is an opportunity for companies to present their products to visitors, whether through the government or the private sector, and that EGEMAC aims to expand its products in and out of Egypt next year.

Hisham Saleh, the marketing director of Chint, said that his company has been present in the Egyptian market since 2005, and has been authorised by many government bodies and ministries in order to supply its products. This year, the company gives special attention to solar energy as it has signed a contract with Acwa Power to implement three solar energy plants with a capacity of 150MW.

Chint is currently implementing a project to supply distribution panels to Kayan for EGP 45m where Shaker Group is a project consultant, and the National Service Products Organisation is implementing the engineering work, indicated Saleh

He disclosed that Chint is currently in the final phases of the contract to ally and merge with an Egyptian company, refusing to reveal the name of the company, however, he stressed that this alliance aims to invest in and establish a factory for electric transformers assembled in 10th of Ramadan city plant.

The volume of the company’s business in the Egyptian market is estimated to be $30m, in addition to the contracting value of solar energy projects currently under implementation in Benban, Aswan, declared Saleh.

Khaled Seif, the Business Development Head in Tawakol organisation for projects, said that the company aims to acquire 20% of the company’s electric transformer sales in the Egyptian market next year, with a 10% increase compared to its sales this year.

He added that the organisation imports machines to produce electricity in water stations in Zagazig as well as in hospitals, airports, and water desalination plants.

Tawakol is the agent of French Sdmo, the largest manufacturer of electricity generation units, established in 1966. It produces electricity units whose capacities start from 1 kV to 4500 kV. The company also can implement a plant for traditional electricity generation with a capacity that starts from 20 to 80MW.

Mohamed El Bendary, the head of technical affairs in Tesla, said that his company has signed a contract with several farmers to install irrigation pumps that operate with solar energy in Wadi Al Natroun and Al Hawamdeya, as well as Qena and Sadat City, with capacities of 650kW.

He said that Tesla participates in Electrix to sign a contract for implementing irrigation projects using solar energy with the private sector. It aims to increase its projects to three MW by next year.

As for Enersyscom, it seeks to ally with Chinese Huawei and a German company to implement subcontracting work of the companies working in the field of electricity and renewable energy.

Mohamed Fahmy, the chairperson of the company, said that launching this alliance will be in the second quarter of next year, targeting the implementation of contracting work with a capacity of 200 MW as a first phase.

He said that the company seeks to increase the volume of its business in the Egyptian market to reach EGP 120m next year compared to EGP 40m this year. “The investment climate and the volume of the project is great and helps develop the business and sales,” he said. He added that Enersyscom has signed a partnership agreement with Chinese Huawei in order to distribute its products.

Fahmy said that Huawei produces electricity transformers of a capacity of 8, 12 and 80 kW. “Huawei is the giant of the future and has ranked first in terms of manufacturing and distributing products in the Asian market,” Fahmy elaborated.

He noted that Enersyscom has cooperated with GFS to establish a solar energy plant with a capacity of 500kW, connected to the electricity grid in the youth city of Sharm El Sheikh.

The company has also cooperated with the Engineer Company for Water Services to provide integrated solutions to operate water wells with solar energy. The most recent project it has implemented was an irrigation plant operating with solar energy, with a stock of solar cells, and a capacity of 1000kW.

Abdelrahman Nabil, the head of Sales in Kahromika, said that the volume of the company’s business during the period from July to October was estimated to be EGP 300m. It targets businesses with a similar value over the next couple of months.

He said that Kahromika seeks to double its work and increase its growth rates as well as expand in new markets by next year. Several companies are competing on many tenders to provide electricity lines and tasks for generation plants across the country.

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International banks demand solar companies to follow security, safety standards to avoid funding suspension https://dailynewssegypt.com/2018/11/18/international-banks-demand-solar-companies-to-follow-security-safety-standards-to-avoid-funding-suspension/ https://dailynewssegypt.com/2018/11/18/international-banks-demand-solar-companies-to-follow-security-safety-standards-to-avoid-funding-suspension/#respond Sun, 18 Nov 2018 16:01:22 +0000 https://www.dailynewsegypt.com/?p=681341 Coming period will witness peak of presence of companies in project site, says El-Khayat

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International finance institutions have asked a number of companies working on solar energy feed-in tariff projects in Benban in Aswan to follow the occupational safety and security standards in the implementation of projects to avoid the suspension of funding.

Informed sources told Daily News Egypt that four companies working on the projects did not comply with security and safety standards. They contracted with subcontractors to carry out the construction work and relied on child labour, while others did not commit to wearing protective clothing.

Hassan Allam, who is responsible for the management of solar energy project services in Benban, Aswan, held several workshops and meetings with the people of Benban and neighbouring villages to explain the safety and security standards within the site.

The sources added that the company responsible for the management of services in the site of the projects suffer from disregarding occupational safety standards within the site. The sources said they prevented entry of cars which violated rules as well as underage labour.

On 11 November, Hassan Allam stopped all cars and employees in violation of laws from entering the sites following several incidents.

This was fixed quickly after the installation of seat belts in cars transporting workers, preventing the presence of any individual within the site less than 18 years, and the commitment to wearing protective clothes.

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Wood Mackenzie completed mining sector development strategy: El-Molla https://dailynewssegypt.com/2018/11/18/wood-mackenzie-completed-mining-sector-development-strategy-el-molla/ https://dailynewssegypt.com/2018/11/18/wood-mackenzie-completed-mining-sector-development-strategy-el-molla/#respond Sun, 18 Nov 2018 15:34:21 +0000 https://www.dailynewsegypt.com/?p=681336 Egypt to host 15th Middle East Mining Conference next week

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The Minister of Petroleum and Mineral Resources, Tarek El-Molla, said that the advisory office, Wood Mackenzie, in charge of preparing a strategy for the development of the Egyptian mining sector, has completed the strategy.

During the press conference to announce that Egypt will host the 15th Middle East Mining conference under the auspices of President Abdel Fattah al-Sisi, El-Molla added that the implementation of the new strategy will begin with the establishing the amendments to the Mineral Wealth Law. He noted that the recommendations included an organisational reform of the sector, which will be put in place successively.

He said the amendments to the Mineral Wealth Law had been referred to the House of Representatives for discussions. “After the passage of the bill, the executive regulations of the law will be issued,” he said.

President Abdul Fattah al-Sisi had issued the Mineral Wealth Law in December 2014, but the law faced many objections by investors in the exploration of metals and ores.

El-Molla pointed out that the new amendments aim to separate the exploitation from the utilisation stage, which aims to attract more investments, as the research agreements need a long time for the procedures, as well as a cap on royalties, which renders investors safe from market fluctuations.

The amendments will also contribute to increasing the revenues of the different governorates from the profits of the collection of resources, in addition to merging the quarries licenses in one entity. El-Molla said the mining sector had not put any investments to the state since 2014, where no contracts in the quarries sector were signed since. The Egyptian mineral resources authority (EMRA) has only received mining requests, thus the government resorted to amending the 2014 law, according to El-Molla.

The minister said that his ministry will be adding incentives to investors in the Law of Mineral Wealth, in order to attract investment and bring funds to the state. He explained that there are specialised committees to deal with the problems of gold in Egypt, especially the problem of illegal gold diggers and smuggling Egyptian gold abroad.

On the 15th Arab International Mineral Resources Conference, El-Molla said that the conference will be accompanied by an exhibition of companies and countries to present all the services associated with the mining operations, and that all ministers concerned with all the Arab countries were invited.

He explained that the ministry is seeking to traverse the mining journey as did the oil sector, to cope with the breakthrough in the sector, which would maximise the Egyptian income and support the economy.

El-Molla said that Misr Petroleum Company and Cooperation Petroleum will launch the new improved gasoline 95 in December, similar to the companies that launched the product in February.

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Eight Egyptian renewable energy firms to visit UK late November: EBCC https://dailynewssegypt.com/2018/11/17/eight-egyptian-renewable-energy-firms-to-visit-uk-late-november-ebcc/ https://dailynewssegypt.com/2018/11/17/eight-egyptian-renewable-energy-firms-to-visit-uk-late-november-ebcc/#respond Sat, 17 Nov 2018 17:48:49 +0000 https://www.dailynewsegypt.com/?p=681270 British companies aim to cooperate with Egyptian peers to offer renewable energy solutions, says Gray

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An Egyptian business mission of eight energy firms, organised by the Egyptian-British Chamber of Commerce (EBCC), will visit the UK by the end of November, Ian Gray OBE, chairperson of the EBCC said.

“We have just finished the preparations of the mission which mainly focuses on renewable energy,” Gray told Daily News Egypt on Wednesday, during an event held by the British Egyptian Business Association (BEBA) held in honour of the new British ambassador Sir Geoffrey Adams.

He added that the EBCC chose the timing of the visit to coincide with the Middle East Solar Industry Association’s (MESIA) upcoming conference in November.

MESIA is a non-profit and non-governmental organisation that aims to promote solar power in the Middle East and North Africa (MENA); organise networking opportunities for companies working in solar power; produce reports on the latest technologies, standards, and product certifications; and assist in the development of policies intended to strengthen the local solar industry.

Gray noted that the Egyptian mission will have the opportunity to meet a number of British equivalents, and attend some specialised workshops, noting “we had met with some officials of the Egyptian ministry of electricity to understand in detail the country’s plans in the field of renewable energy.”

“What we found exciting is the fact that the country is now becoming more electrically-sufficient, yet potentially there is a good export opportunity for Egypt,” he added.

Gray affirmed that British companies aim to cooperate with Egyptian equivalents in the field of creative renewable energy solutions.

“The eight-company mission is relatively small but it is focused on the energy sector, so detailed discussions will be held. The problem with big missions is that they are not specialised, and their general discussions always aim to spread awareness for Egypt as a good place to do business,” Gray explained.

The expected detailed energy discussions will create links with British counterparts and will be followed by additional business missions to Egypt, Gray asserted.

In September, Sir Jeffrey Donaldson, the UK prime minister’s trade envoy, paid Egypt a five-day visit, accompanied by leading British companies. They met with Minister of Electricity Mohamed Shaker, Minister of Petroleum Tarek El Molla, Minister of Finance Mohamed Moiet, Minister of Public Enterprise Hisham Tawfik, Minister of Health Hala Zayed, and Minster of Planning and Administrative Reform Hala El Saeed, according to the British embassy in Egypt.

Khaled Nosseir, BEBA’s chairperson, said the coming Egyptian business mission to the UK will visit three British cities: London, Manchester, and Liverpool, affirming the BEBA’s role in promoting bilateral trade and investments between Egypt and the UK, and supporting British companies willingness to invest in Egypt or sell their products and services.

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Borolos, Rashid fields output up to 450m feet by end 2018/19 https://dailynewssegypt.com/2018/11/17/borolos-rashid-fields-output-up-to-450m-feet-by-end-2018-19/ https://dailynewssegypt.com/2018/11/17/borolos-rashid-fields-output-up-to-450m-feet-by-end-2018-19/#respond Sat, 17 Nov 2018 17:06:44 +0000 https://www.dailynewsegypt.com/?p=681251 Shell's delay in project development led to high rate of decline in productivity of wells: Source

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Shell aims to increase the production of the natural gas fields of Borolos and Rashid to 450m cubic feet per day (cfpd) by the end of the current fiscal year (FY), compared to 400m feet now, through the completion of linking 100m feet of gas a day of stage 9B.

A source in the Egyptian Natural Gas Holding Company (EGAS) told Daily News Egypt that 9B wells will contribute towards increasing the production of the fields and compensate for the rate of natural erosion of the project, which has been increasing since the partner stopped development operations during the past years.

It is worth mentioning that the foreign partner stopped working for two years due to accumulating dues with the Egyptian government, which the ministry of petroleum succeeded in repaying.

The confirmed reserves of the Borlos fields in all stages amount to some 5tn cubic feet of gas and about 55m barrels of condensates.

The source explained that the drilling of the single well in the phase 9B fields in the Borolos area in the deep water in the Mediterranean Sea needs about 45 days in case of stability of navigation in the Mediterranean Sea.

He added that the project phase 9B includes eight productive wells, and two exploration wells, where Shell is implementing them on two stages, one to be completed in the current FY, while the other will be ready in 2019/20.

20m cfpd of the first well, Simian DT, in the western Nile Delta region of the Mediterranean has been connected to the national pipeline network. The production will increase after assessment.

He explained that the production is divided into about 385m cfpd of gas from the fields of Borlos, and 15m feet a day of the Rashid concession area.

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Egypt sends its notes about electric connection studies with Cyprus to Euro Africa https://dailynewssegypt.com/2018/11/14/egypt-sends-its-notes-about-electric-connection-studies-with-cyprus-to-euro-africa/ https://dailynewssegypt.com/2018/11/14/egypt-sends-its-notes-about-electric-connection-studies-with-cyprus-to-euro-africa/#respond Wed, 14 Nov 2018 21:22:02 +0000 https://www.dailynewsegypt.com/?p=681113 Slowness of Indian L&T postpones completion of connection studies with Sudan for month

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The Ministry of Electricity and Renewable Energy sent it notes on the studies of the electric connection project with Cyprus and Greece to ‘Euro Africa’, the company implementing the studies.

Government sources told Daily News Egypt that the higher committee formed to evaluate the technical and economic feasibility studies of the project has made its observations on the path of the cables and the landing point for security reasons, according to the sources.

The sources explained that the marine cable planned to be implemented is 1707 km long, and will bring about advantages for Egypt’s strategic plan, in addition to achieving economic development as well as helping to connect to European networks, however, the cost of implementation is high.

The sources added that implementing the connection project strengthens the partnership in the field of energy and increases the available capacities as well as the expectations of increasing the demand on the production of electric energy, in accordance with the current development in the field of energy—especially that the electric connection project between Egypt and Cyprus to Greece then to the rest of Europe will make Egypt a crucial energy carrier for the entire European continent.

The project allows linking Cyprus and Crete to the EU, and will contribute to achieving economic and political benefits to the concerned countries.

In a parallel context, Indian L&T, the company implementing the electric connection project with Sudan, has demanded that the ministry of electricity intervene to facilitate the measures of equipment exiting Ain Sokhna Customs, especially that their delay causes a failure in meeting the deadlines agreed upon beforehand.

Informed sources have told DNE that the pace at which the Indian company is operating will result in a delay in the implementation of the project by one month from the date agreed upon earlier which was on 15 December.

“Completing the implementation of the drilling work in the project does not mean completing the implementation. There is more time needed by the Indian company to finish the implementation of the towers of the project,” the sources added.

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Dana Gas production in Egypt fell by 5,100 barrels of oil equivalent https://dailynewssegypt.com/2018/11/14/dana-gas-production-in-egypt-fell-by-5100-barrels-of-oil-equivalent/ https://dailynewssegypt.com/2018/11/14/dana-gas-production-in-egypt-fell-by-5100-barrels-of-oil-equivalent/#respond Wed, 14 Nov 2018 21:03:05 +0000 https://www.dailynewsegypt.com/?p=681118 First deep sea well to be drilled in sector 6 early next year

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Dana Gas’s average production of oil and natural gas in Egypt declined by 5,100 barrels of oil equivalent per day during the first nine months of 2018 (9M18) compared to the same period of 2017.

In a statement, the company said that its oil and gas production in Egypt fell to 34,500 barrels of oil equivalent per day during 9M18 compared to 39,600 barrels of oil equivalent per day during the same period last year.

It explained that the decline in production rates is due to the natural decline in the productivity of oil and gas fields in different concession areas in Egypt, and reduced investment in drilling activities.

Dana Gas said the group’s average production in 9M18 was 62,250 barrels of oil equivalent per day, compared with 67,600 barrels of oil equivalent per day during the same period last year due to the decline in production of the company’s operations in Egypt and the UAE.

Dana Gas finished the drilling of the Balsam 8 well in Egypt and connected it to the pipelines ahead of schedule and at reduced expenses, which would contribute to raising the company’s production by more than 5,000 barrels of oil equivalent per day. The company is now preparing to dig the first deep sea well in sector 6 early next year.

Dana Gas said in its statement that it had received from Egypt $111m worth of gas and oil in 9M18.

The total financial payments received by the company from its concession areas in Egypt, the UAE and Iraq during 9M18 amounted to $197m.

Dana Gas’s total revenue for 9M18 increased by 31% to $113m against $86m during the same period last year, due to higher selling prices for condensate and liquefied petroleum gas, which helped to offset the decline in production in Egypt and the UAE.

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Ecomondo: European platform for green economy https://dailynewssegypt.com/2018/11/13/ecomondo-european-platform-for-green-economy/ https://dailynewssegypt.com/2018/11/13/ecomondo-european-platform-for-green-economy/#respond Tue, 13 Nov 2018 17:25:48 +0000 https://www.dailynewsegypt.com/?p=680897 EU provided funding for 38 projects, focuses on opportunities in MENA

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The International Trade Fair on Material and Energy Recovery and Sustainable Development (Ecomondo 2018), organised by the Italian Exhibition Group (IEG), concluded its events in which international and emerging companies in the field of energy and sustainable development contributed with visitors amounting to 20,000 people.

The participating institutions presented their most prominent innovations, international businesses, and scientific contents towards shifting to a green economy, as well as seminars with organisations that have already taken the road to combine the products and services available for smart cities over four days.

115 countries participated at the Rimini Expo Centre on 129,000 sqm. About 70% of the participants were from Europe, and 9% were from the Mediterranean basin, with the active participation of China, and the Russian Federation.

Many industrial and scientific contents were presented, as well as the most advanced European programmes on the waste cycle, renewable energy, the European strategy on plastics, management and exploitation of water resources and soil treatment, development of sites and port areas, prevention and management of hydrogeological hazards, emissions control and energy efficiency.

Moreover, several events were held. Ecomondo hosted the European Summit on Phosphorus, which focused on the Executive Agency for Small and Medium-sized Enterprises (EASME) projects and investments aimed at recovering from sludge cleansing.

The EU presented 38 projects funded through four different community programmes, while major interest was granted to the business opportunities in the Middle East, North Africa, and sub-Saharan Africa.

The EU focused on investment prospects in Morocco, and there was an emphasis on plants to produce renewable energies. The focus was also on the development of green jobs in Canada.

During the four days, Italian Minister for the Environment Sergio Costa, and several members of the government were interlocutors of the industrial system and the scientific community. They received a unanimous request to prioritise the institutions on the agenda of the National Plan of the Ring Economy, which was founded on public-private sector partnerships.

The IEG also showcased the strength of the Italian system, proven by figures of the CONAI report (67.5% of the packaging waste sent to be recycled in 2017), showing Italy ranked second in Europe after the Netherlands.

The State’s General of the ‘Green Economy’ put hope on the prospects of green investments, stressing that between €7-8bn a year of public investment in the next five years will lead to €21.4bn in private investments and 440,000 new jobs per year.

The Egyptian new, and renewable energy sector proved its ability to attract Arab and international companies to invest in sustainable energy projects, that appeared during the Daily News Egypt’s tour at the Ecomondo.

Manuela Morelli, director of Aria Energy, who operates the production of small wind turbines, says that she is planning to supply wind turbines of small capacities for the Egyptian market, stressing that Egypt’s market is large, and accommodates many turbines with capacities ranging from 20-100kW.

The company intends to open centres for the sale of its products in the Middle East and Africa and is always seeking to match the technological development of wind turbines’ equipment and enhance its presence in Europe.

Carsten Grimstrup, global sales manager at DEIF Wind Power, said that the company has developed a long-term strategy to be the preferred global supplier of green energy control solutions. The company intends to cooperate and partner with Egyptian and Arab institutions to cooperate on wind turbine control solutions.

He added that DEIF develops wind turbines to overcome all challenges in all environmental conditions such as temperature, storms, lightning, vibrations, and shocks, in addition to providing maximum safety, stressing the supply of many solutions and main control systems for wind turbines, and main control systems of many countries.

Thomas Barkmann, ENERCON’s regional sales manager, said that his company has already applied to invest in Egypt through a bid submitted by the New and Renewable Energy Authority (NREA), to set up a 250 MW wind farm in the Gulf of Suez.

He was surprised that the company was not qualified, although it has vast experience and a portfolio of 50 projects around the world. He noted that Egypt is still in their plan, being one of the promising countries which also include Tunisia, Algeria, Morocco, Mali, Kenya, and Ghana.

“The company is interested in investing in Egypt through the establishment of projects for the production of electricity from renewable energy, and was intended to open an office in Cairo in the event of qualification for the project application,” he added.

He stressed on the need to improve the legislative environment and transparency in negotiations and agreements, especially after the great number of projects, and ambitious plans adopted by the Egyptian government to expand the establishment of modern and renewable power stations, revealing negotiations with the ministry of electricity to establish wind farm power plants on the BOO system.

On the sidelines of the Ecomondo Key Energy, Hassan Abu Galma, CEO of the German company Geonerco, based in Hurghada, met with several international wind turbine manufacturers to discuss the use of wind energy in remote areas, and on the shores of both the Red and the Mediterranean Seas in the fields of water desalination and pumping.

The company’s target is to install small wind turbines instead of diesel fuel, whose costs have risen following the fuel price increase in Egypt which matches with the government’s policy to introduce renewable energy into several fields.

Noteworthy, prices of small wind turbines are not high, and not necessarily linked to high voltage networks transferring electricity from generation sites to consumers, where electricity can be directly generated or consumed in the existing plant networks and projects without the need to raise or reduce the voltage.

Abu Ghalmala said that Egypt enjoys high wind speeds of over 14 metres per second on the shores of the Red Sea, and in the Mediterranean of more than 8 metres per second, which is very attractive to global companies.

He confirmed that the small wind turbines of 20, 50, and 100kW can operate efficiently under the wind speeds available in Egypt, and generate double the electricity produced from the solar power plant of the same capacity, which is reflected positively on providing an alternative throughout the day and making electricity available at night for multiple purposes at competitive prices.

He pointed out that Geonerco is currently conducting feasibility studies in different places in Egypt to select the best turbines that suit Egyptian environmental conditions, with turbine prices and the cost of operation and maintenance in mind.

Abu Ghalma believes that Egypt is a promising market for turbine use, expecting them to spread quickly in the market, but they must be supported by the state which needs to demonstrate the requirements to remove obstacles and facilitate operating procedures.

European companies have shown their cooperation in producing turbine parts in Egypt, such as blades and bearing columns preliminarily. It is known that Egypt exports raw materials used in manufacturing turbine blades for international companies.

The Egyptian Triple M company was one of the first that began a remarkable step in using sophisticated technology for renewable energy including a hybrid system that includes solar cells and wind turbine, seeking to localise technology and partnerships with European institutions.

During DNE’s tour at the Ecomondo, several companies in the field of recycling plastic waste were present. This is a key interest of Arab and African countries to take advantage of them in the production of energy or fertilisers.

Mohammad Anas, deputy director of Arabian Ladina For Industries, said that his company operates in the field of raw plastic production and exports to several countries, including China, India and Pakistan, with a capacity of 1,000 tonnes per month.

He noted that European countries have begun serious steps and encouraged investors to set up waste recycling projects, unlike Arab governments, which are still operating at a slow pace.

He explained that Arabian Ladina For Industries exports plastic to a number of private companies in the Egyptian market in quantities ranging from 300 and 500 tonnes per month, and there are plans to increase that to 1,000 tonnes per month next year.

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$10bn investments in petroleum exploration, production in FY 2018/19: El-Molla https://dailynewssegypt.com/2018/11/10/10bn-investments-in-petroleum-exploration-production-in-fy-2018-19-el-molla/ https://dailynewssegypt.com/2018/11/10/10bn-investments-in-petroleum-exploration-production-in-fy-2018-19-el-molla/#respond Sat, 10 Nov 2018 17:10:21 +0000 https://www.dailynewsegypt.com/?p=680673 Turnout by major international companies in ministry’s oil and gas exploration bids represents clear message of confidence of foreign companies in Egypt’s investment climate

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Minister of Petroleum, Tarek El-Molla, revealed that $10bn in new investments will be injected in petroleum exploration and production during the current fiscal year 2018/19.

El-Molla said in a press statement on Saturday, that the turnout by major international companies in the ministry’s oil and gas exploration bids represents a clear message of the confidence of foreign companies in Egypt’s investment climate.

He added that the international bid of the Egyptian General Petroleum Corporation for the year 2018 for oil and gas exploration in 11 regions in the Gulf of Suez and Eastern and the Western Desert has been closed, and the bids are being evaluated to announce the winning companies.

Moreover, El-Molla pointed out that preparations are underway to launch an international bid for oil and gas exploration in the Red Sea region for the first time at the end of this year.

A source in the oil and gas sector told Daily News Egypt that the Red Sea international bid will be under a new form of agreements,  offering more incentives, such as, increasing the partner’s share, reducing the expense recovery period, and setting the gas price after the commercial discovery, according to the size of the investments required for development, with the possibility of reviewing this price periodically.

Egypt currently pays $2.65 to foreign partners for every million BTU in most of its agreements, except for some areas of deep water in the Mediterranean.

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Egypt to increase natural gas exports to Jordan to 150m scfd by December https://dailynewssegypt.com/2018/11/07/egypt-to-increase-natural-gas-exports-to-jordan-to-150m-scfd-by-december/ https://dailynewssegypt.com/2018/11/07/egypt-to-increase-natural-gas-exports-to-jordan-to-150m-scfd-by-december/#respond Wed, 07 Nov 2018 20:38:34 +0000 https://www.dailynewsegypt.com/?p=680555 Egypt-Jordan gas pipeline has capacity of 1bn scfd

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The Ministry of Petroleum aims to increase natural gas exports to 150m standard cubic feet per day(scfd) for Jordanian power plants by the end of the year, up from to 100m scfd currently, and gradually increase to 250m scfd by January 2019.

An official at the Ministry of Petroleum and Mineral Resources told Daily News Egypt that the export capacity of the Jordan gas pipeline is estimated at 1bn scfd.

He pointed out that the ministry finalised the agreement with the Jordanian side to supply 250m scfd, at different prices than the previous agreement.

The official added that Egypt has resumed natural gas exports to Jordan since July, through the pipeline connecting Egypt and Jordan, in quantities estimated at 50m scfd, paving the way towards the transformation of Egypt to become a regional gas hub, after achieving self-sufficiency from natural gas.

The Jordanian Energy Ministry said in a statement earlier that the agreement is to import 10% of the country’s needs of natural gas for electricity generation from Egypt, after the visit of the Jordanian Minister of Energy and Mineral Resources Hala Zawati, to Egypt, last month.

The Egyptian government signed a 15-year agreement with Jordan in 2004 to supply 250m scfd, at a price of $2.5 per million British Thermal Unit (MBTU), but the government raised gas prices in April 2012 to $5 per MBTU.

The gas pipeline between the two countries was targeted by various bombings, and sabotage attempts, since the January 25 revolution by unknown assailants, causing supplies to be briefly disrupted.

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Electric transport, renewable energy in spotlight https://dailynewssegypt.com/2018/11/06/electric-transport-renewable-energy-in-spotlight/ https://dailynewssegypt.com/2018/11/06/electric-transport-renewable-energy-in-spotlight/#respond Tue, 06 Nov 2018 09:30:35 +0000 https://www.dailynewsegypt.com/?p=680304 Environmental experts confirm Egypt qualified as manufacturing centre for electric cars

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Minister of Environment, Yasmine Fouad, said that the introduction of electric and eco-friendly cars in Egypt is achieved through an integrated system which includes the provision of appropriate policies and strategies. Furthermore, the ministry is introducing the private sector in this field, in addition to the trained workforce in order to deal with these technologies, to ensure the realisation of sustainability concepts, and comprehensive development.

In her speech at the Sustainable Transport in Egypt‘ conference, Fouad explained that the sustainable transport project in Egypt started seven years ago, in conjunction with the trend towards reducing emissions, and in order to cope with the effects of climate change and environmental protection. The project prompted the ministry to search for the “most appropriate means to reduce emissions”, including the construction of multi-storey garages and the use of electric vehicles, as some of the inputs made by the ministry during the last period.

Fouad stressed that the Egyptian government has identified, for the first time in its history, some determinants of environmental objectives to improve the quality of the environment including a 50% cut in solid particles under 10 micrometres in diameter in air by 2030, adding that the system could only be completed by enabling  the youth.

Hossam Allam, a representative of the Centre for Environment and Development for the Arab Region and Europe, said that talks about the introduction of means of electrical transport in the Arab region began two years ago, especially in Egypt. He added that Egypt is qualified to become a hub for manufacturing electric cars, referring to Morocco as an example. Morocco started to produce electric vehicles five years ago, and has since become one of the world’s busiest manufacturing centres.

Mohamady Eid, representative of the New Administrative Capital, said that the Capital will be the first green smart city in Egypt, adding that it will be built on 170,000 feddan, including only 15% of the area for roads of 240 metres in width and just 40 metres inside residential areas, in order to cut emissions and ensure clean air.

He explained that the building of the Ministry of Environment is the first facility that has been addressed to establish solar panels, which will be applied in 34 ministries in the government district, along with all roofs of buildings, schools, and hospitals. He noted that the governmental sector alone will output 4 MW.

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NSA offers Benban investors implementation of double-way project for EGP 67m https://dailynewssegypt.com/2018/11/06/nsa-offers-benban-investors-implementation-of-double-way-project-for-egp-67m/ https://dailynewssegypt.com/2018/11/06/nsa-offers-benban-investors-implementation-of-double-way-project-for-egp-67m/#respond Tue, 06 Nov 2018 09:00:46 +0000 https://www.dailynewsegypt.com/?p=680273 Security, safety of workers, 2 most important requirements stipulated by international funding bodies, which carry out inspections to ensure safety measures

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A subsidiary of the National Service Authority (NSA) has offered solar energy investors in Benban, Aswan, the implementation of a double-way on the desert road for EGP 67m.

Feed-in tariff investors have signed a contract with a private company to implement the double-way on the main road in Aswan, after the General Authority for Roads refused to bear the cost.

Sources told Daily News Egypt that the Association of Solar Energy Investors in Benban has received a single offer from one the companies affiliated to the NSA, affiliated to the armed forces, to implement the double way on an area of 7.8km.

The sources explained that investors will address the companies working in the field of contracting, in order to submit their offer, especially that they are looking for the cheapest implementation cost. “The offer made by the National Company was for a value less than the previous offers, reaching up to EGP 90m, however, it included connecting internal roads to the location of the project,” the source added.

The Roads and Bridges Authority (RBA) refused to bear the cost of the project, after solar energy investors requested a modification to secure workers and cars at the location of the plants, to avoid accidents during the entry and exit of cars from and to the location.

The investors demanded the implementation of the double-way, especially that the peak time of the presence of workers and engineers at the location will be during the next three months, and they must be secured in order to avoid disasters or accidents on the roads.

The security and safety of workers and the projects are two of the most important requirements stipulated by international funding bodies, which carry out surprise meetings and inspection visits to ensure safety measures are followed.

Engineer Samy Farag, head of the implementation sector at the RBA, told DNE in a previous statement that a letter was sent to the Ministry of Electricity explaining that the Roads authority will not be bearing the cost of the double-way in Benban, and that the modification required is not on the national road plan.

He added that the authority has approved the study submitted by Aswan University to carry out a double-way to secure the cars entering the leaving the location of the project without bearing the cost. Once investors reach an agreement with the Ministry of Electricity, they will obtain licensing from the authority to execute the modification.

32 companies are implementing solar energy projects with a capacity of 1500MW within the feed-in tariff programme announced in 2014. The Egyptian Electricity Transmission Company purchases the energy produced from the project for about 8.4 cents for a kWh.

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Jordanian Glory receives first 100% Egyptian LED lamps shipment https://dailynewssegypt.com/2018/11/06/jordanian-glory-receives-first-100-egyptian-led-lamps-shipment/ https://dailynewssegypt.com/2018/11/06/jordanian-glory-receives-first-100-egyptian-led-lamps-shipment/#respond Tue, 06 Nov 2018 08:30:31 +0000 https://www.dailynewsegypt.com/?p=680297 Negotiations to sell EPSCO products in Oman, Iraq, Syria: Al Qassab 

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The Egyptian Power Saving Company (EPSCO)—a subsidiary of Triple M—has signed an agreement with the Jordanian Glory Logistic Service and Energy company to become the EPSCO’s agent in the Jordanian market and manage the sales of their LED lamps.

Suhad Al Qassab, chairperson of Glory and EPSCO’s agent in Jordan, said that the first LED lamps shipment affiliated to EPSCO has reached Jordan, and negotiations are ongoing with several government and local bodies in Jordan to supply the products over the upcoming period.

She added that the company aims to sell 10,000 LED headlights and 50,000 LED lamps in the Jordanian, Iraqi and Syrian markets by the end of this year. The company plans to expand the provision of Egyptian products to other Arab and African markets over the next year.

EPSCO’s products are 100% Egyptian, and the agreement included that Glory are the company’s agent in the Jordanian market in order to enhance relations between both countries and activate the free-trade agreement between Egypt and Jordan, Al Qassab indicated

The operational lifespan of headlights is 50,000 hours with a 24-month warranty, as for LED lamps, their lifespan is 50,000 hours and a 3-year warranty. EPSCO plans to launch a centre for the maintenance of headlights and lamps in Jordan over the next few months.

Noteworthy, Triple M has cooperated with Glory to sell drilling machines for solar energy projects in Egypt, Jordan, Bahrain, Saudi Arabia and Sudan. It also has a workshop for the maintenance of equipment and supply of spare parts and components of the energy plants in Benban, Aswan.

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Egypt can bring investments worth $6bn in renewable energy until 2022: Amen https://dailynewssegypt.com/2018/11/06/egypt-can-bring-investments-worth-6bn-in-renewable-energy-until-2022-amen/ https://dailynewssegypt.com/2018/11/06/egypt-can-bring-investments-worth-6bn-in-renewable-energy-until-2022-amen/#respond Tue, 06 Nov 2018 08:00:25 +0000 https://www.dailynewsegypt.com/?p=680270 Policy stability, ease of regulating legislations, highlight what investors need most

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Adnan Amen’s visit, the director general of the International Renewable Energy Agency (IRENA), to Egypt, shows that Cairo is still attractive for investments and has many promising opportunities to achieve a breakthrough in electricity and new and renewable energy production.

Daily News Egypt interviewed Adnan Amen in order to talk about his view of the investment climate in Egypt, and the way he sees new and renewable energy projects currently implemented, as well as the requirements needed during the upcoming period in order to expand projects.

He believes that the MENA region has been taking slow steps in the field of renewable energy, however, the developments were quick. Egypt is one of the quickest countries to develop in the region at the present time, the transcript for which is below, lightly edited for clarity:

How do you assess new and renewable energy projects in Egypt?

Egypt is a very promising market for investments thanks to the political leadership which has adopted an ambitious plan for electricity production from renewable sources, and reduced the reliance on traditional fuel in production plan— a trend that many countries have adopted in order to achieve sustainability.

Is Egypt successful in the new and renewable energy sector?

The solar energy projects implemented in Benban, Aswan, have been implemented with investments worth $2bn. They are important steps and Egypt can double these investments up to $6bn by 2022. The investments may exceed that as the number of projects increase.

Egypt enjoys abundant sunshine in many areas and has substantial potential, which enables it to reduce the cost of producing electricity, and providing millions of dollars with its ability to take energy production to 53% of the total electricity produced from renewable energy sources by 2035. The Egyptian government is working hard to meet the growing demand on electricity, as the total installed capacity from renewable sources is estimated to be 3,900MW of wind, solar and hydropower energy up until now.

What measures does Egypt need to take to become a regional energy centre?

Egypt’s potential of renewable energies is enormous, and the government is moving quickly towards accelerating its utilisation. Based on the achievements already made, Egypt would have a chance to increase its ambitions and become a regional centre for energy as well as increase investments.

Attracting these investments requires stable policy frameworks, in addition to simple regulations that provide clarity and confidence. Additionally, investments in renewable energy not only meet the growing needs for energy, but also help enhance economic growth, generate jobs, and develop local manufacturing.

What are the latest developments of the ‘Clean Energy Centre in Africa’?

I discussed with President Al Sisi the ‘Clean Energy Centre in Africa’, and the results of this trend are deemed huge, and can serve as one of the central concepts of Africa’s economic transformation towards the future, relying on clean energy, whether solar, wind or earth-core energy.

Right now, the world is seeing great and rapid changes in the field of electricity and energy. This change will have a great impact on the production, distribution and trade of electricity in the future.

Currently, we are looking at the geopolitical changes in terms of pipelines, oil shipping and related strategic issues. In the future, the focus will be more on generating, producing and distributing energy, through the border via clean corridors, all of which would have a positive impact on all the cooperating companies, with Egypt being the most prominent.

How do you see the reduction in the prices of components and costs of renewable energy?

The significant decline in renewable energy costs in recent years has encouraged governments around the world to reconsider energy strategies so as to better reflect the new economics of renewable energies.

The main reason for the low costs is due to the huge development of the technology used to manufacture solar cells and wind turbines.

Why was IRENA established?

IRENA was established in 2009 by 75 countries, with 170 member countries. It is an intergovernmental organisation to encourage the reliance on renewable energy worldwide. IRENA aims to support countries in their transformation to a sustainable future for energy, as well as a main platform for international cooperation and a centre for policies, technology, financial resources, and knowledge in the field of renewable energy. It provides a group of services, including annual reviews of renewable energy employment, statistics, cost studies, and readiness assessments conducted in partnership with governments and regional organisations to help promote renewable energy development which is country-specific.

What is your vision of the renewable energy sector?

We seek to achieve sustainable development and reach energy security as well as low-carbon economic growth, in addition to facilitating the exchange of knowledge and technology transfer in order to provide clean and sustainable energy. IRENA aims to be the main driving force in promoting the rapid transition and sustainable use of renewable energy on a global scale.

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